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>>> disgust and distrust. okinawans react to a case of alleged sexual assault involving u.s. servicemen and wonder how it will affect the realignment of american forces in japan. people in okinawa have lived with u.s. military bases in their backyard for decades. american forces are supposed to protect them, and the rest of japan in the event of a threat. but many okinawans aren't feeling so safe around u.s. servicemen right now. two navy personnel are accused of raping a woman. the case could further strain japan/u.s. security ties. investigators say the men attacked the women before dawn tuesday on a street in the central part of okinawa's main island. they say the suspected raped and injured her and then made off with some of her personal belongings, including her bag, mobile phone, and some of her clothes. the servicemen arrived in okinawa sunday and were supposed to leave for guam tuesday. okinawa governor hirokazu nakaima met john roos at the american embassy in tokyo. nakaima expressed grave concern the matter could irreparably damage trust between okinawa and the u.s
the governments and the companies between the two sides. as the largest economy in the u.s., california boasts the resources and a strong advantage in high tech, bio-science, agriculture, fisheries, and the forestry, and even tourism. and in terms of cooperation with china, california enjoys exceptional economic, cultural, and geographical locations and advantages. it is always is the gateway of the united states to china. as the economic and trade cooperation between china and the united states and california deepens, now we believe that trade and investment keeps growing. china is the third largest export destination for california. many multinationals like hp, intel, cisco, and chevron are doing well in china. they're making money in china. at the same time, as the close relationship is going on, many chinese companies are working in san francisco in california. i would like to name a few. the tsl, ciuts, just to name a few. these are successful chinese companies working here. as the american companies in china, the chinese companies working in california in san francisco are also making co
and u.s. technology giants have been fighting each other in the courts over technology for smartphones and other mobile devices. the people at samsung say they added iphone 5, apple's iphone 5 to a patent infringement lawsuit. samsung alleges the latest smartphone violates eight of its patents. the claim targets technologies for displays data and storing photos. lawyers for samsung say they will exclude patents on the high speed wireless communications protocol known as lte. samsung has an edge in this technology. samsung received a green light from a u.s. district court in california in another case. the company can resume sales of its tablet device the galaxy 10.1 in the u.s. market. the court decided in june to temporarily ban sales. it lifted the injunction after a separate lawsuit in august found this particular tablet did not infringe on apple patents. >>> in other news ahmadinejad blamed the enemies of iran for the fall of its currency. u.s. and european leaders imposed sanctions in july to encourage them to abandon the nuclear missions. >> translator: sanctions are used as a ps
. also in the program, the u.s. congress bars to build chinese telecom companies from takeovers or mergers. it's as there are security threats. a warning on afghanistan's future. in the report forecasts collapse and even civil war after foreign forces have left. it's midday in london, 7:00 in the evening in beijing, 7:30 in the morning in caracas. hugo chavez has extended his 14- year grip on power in venezuela. the vote was his narrowest victory, but it gives him another six-year term to continue venezuela's socialist revolution. his victory may irritate his detractors in washington and elsewhere. the votes pit the president against the young candidate henrique capriles, who vowed to open the country to private investment. now this report from caracas. >> this had been billed as a tight race. but the results came quickly in the end after the final polling stations had closed and gave hugo chavez a 10-point lead. >> to those who promote hate and social poison and those always drawn to deny all the good things that happen in venezuela, i invite them to dialogue, debate, and to wo
to be trying to avoid adding to concern about its behavior among its neighbors. >>> the u.s. military is strengthening its presence in the asia pacific region. it has announced that it's going to deploy two carrier strike groups to western pacific. this comes as the chinese navy increases its advance into the east china sea, the south china sea, and the pacific ocean. so what's behind the u.s. decision? we'll have analysis by our military affairs expert. but before that, let's look at the current situation in the region. the strike groups will include two nuclear-powered aircraft carriers. the "u.s. washington" is near yoke sucha and the "uss john c. stennis" is on the west coast. they have the aegis air defense system. the u.s. fleet says the two strike groups will provide a combat-ready force to protect and defend the collective maritime interests of the united states and its allies in the asia pacific region. the u.s. also plans to deploy new f-35 stealth fighter jets in the region. the f-35 is now in its final stage of development. it has an advanced network system to connect the
financial ministers meeting next month. >>> now checking on the business side of markets. u.s. and european stock prices extended gains in overnight trade. strong u.s. housing data helped to lift market sentiment. the fact that spanish bonds also avoided another downgrade supported stocks and for more details, let's go toy to tokyo stock exchange. some markets are taking a little bit of a turn for the better. >> good morning, rahim. u.s. housing starts in support did rise to the fastest pace in around four years. but the market gains were capped by some lukewarm earnings by some high-tech giants. let's take a look at how that's moving markets in tokyo this thursday morning. the nikkei and the topix both opening higher. nikkei up 0.9% at 8882. the topix also up 745. the nikkei managed to top the 8800 level for the first time yesterday. that's in six sessions on a weaker yen which boosts exporters and euro related stocks. we'll be keeping an eye today on some tech rated stocks such as chipmakers after intel gave a somewhat cautious outlook for the personal computer sector on weaker global dem
. >>> well on come to wourd wide exchange. as is an decide barrels towards the east code, u.s. authorities order thousands to evacuate for the the biggest storm. >> my first message is to all the people across the eastern seaboard atlantic going north that you need to take this very seriously. >> all u.s. stock markets will be closed today. its first weather related closures in 27 years. and shares in ubs rise in the open after reports swiss bank may cut 10,000 investment banking jobs and wind down up to 15 trading businesses. police wen and his family fight back. their lawyers call it untrue and are considering legal action against the "new york times." for our u.s. viewers, the show will be on just one hour this week because europes has gone off daylight savings time, so we're just four hours ahead now of new york time. hurricane sandy is also still several hours away from make landfall, but the impact of the storm is already being felt. transportation has ground to a halt as new york and other major eastern cities have shut down mass transit, airlines canceling flights and
cross over to ramin who is at the tokyo stock exchange. we had the improved u.s. jobs data on friday. with the imf meetings this week a lot of focus on global growth. how are stocks kicking off? >> playing a bit of catchup today. tokyo markets were closed on monday for a public holiday. we did have the u.s. jobs data for september coming out on friday dipping below that key 8% level for the first time in four years. that will be resonating in the financial markets. we'll see how that affects the markets here. we're going to be focusing on the imf and world bank meetings as they convene in tokyo. we'll have full coverage of that as you mention. let's have a look at the opening levels for this tuesday and both indexes trading in the negative there. 8,811 for the nikkei and 733 for the topix. concerns over slow growth in china as well as cent tensions between japan and china has meant a renewed focused. car makers have suffered sales of more than 60% year on year for september in china. a big focus there and we'll keep track of that. in cotokyo there's a big focus japanese yen. it's sti
. >> catherine, the fed held its regular policy-setting meeting just under two weeks before the u.s. presidential election. but they did not touch on monetary policy. the u.s. federal reserve says it will not change its current monetary status, a stance the u.s. economy has continued to expand at a moderate pace. the fed announced its decision on wednesday after a two-day policy meeting ofts federal open mart committee. it says household spending has advanced a bit more quickly while the housing sector has shown some further signs of improvement. to continue stimulating the economy the fed says it will keep its key interest rate at near zero at least through the middle of 2015. the u.s. central bank is supporting economic growth through additional quantitative easing it introduced last month. that easing in the form of continuing purchases of mortgage-backed securities is supplying a huge amount of funds to the market. >>> and it is time to check on the markets. u.s. stock prices ended in the negative following a fed policy meeting. and more lackluster earnings reports. the dow jones industrial a
>> welcome back to "newsline" in tokyo. u.s. president barack obama and his republican challenger, mitt romney, have sparred on stage for the second time. they battled over economics in a televised debate three weeks before election day. the debate took place a a university in new york. more than 80 undecided voters asked the questions. obama took a more aggressive approach than the first bank. >> governor romney has a one point plan. make sure that folks at the top play by a different set of rules. that's what has been squeezing middle class families. we have fought back for four years to get out of that mess. >> romney accused obama of failing to live up to his promises. he claimed the president's policies have doubled the fiscal deficit. >> i was someone who ran businesses for 25 years and balanced a budget. i ran the state of massachusetts as a gompbor to the extent any governor does and balanced the budget all four years. we have four consecutive years where he said he would cut the deficit in half. instead he has doubled it. >> romney put in another controlled performance an
building up their forces and deploying tanks along the border. u.s. secretary of state hillary clinton has condemned syria for the shelling of the turkish town. >> we are outraged that the syrians have been shooting across the border. >> clinton said the u.s. government is consulting with turkey over what she called a very dangerous situation. turkey is a nato ally of the u.s. she called on responsible nations worldwide to push the syrian government into a cease-fire and political transition of power. >>> emergency workers in syria are doing what they can to hp the wound aftern attack in the city of aleppo. at least three powerful explosions ripped through the center of the commercial capital. they killed more than 30 people. state run tv reports explosions occurred near an officer's club in the northern city. opposition forces are claiming responsibility. they say they used the car bombings to target officers and militias loyal to president bashar al assad. the free syrian army renewed its offensive last week in an effort to win control of aleppo. government forces responded with air stri
. the news could provide a boost to president barack obama. u.s. labor department officials say the u.s. jobless rate dropped to 7.8% in september. the figure is the lowest since obama took office in january 2009. employers added 114,000 nonfarm jobs, matching the expectations of analysts. the nonfarm sector is considered particularly sensitive to economic trends. 44,000 jobs were added in the health care sector. manufacturing employment edged down, shedding 16,000 jobs. >>> policymakers at japan's central bank unanimously decided to maintain current monetary policy. this comes after the rare attendance by the economic and fiscal policy minister. seiji maehara has been advocating aggressive monetary easing to get the economy out of deflation. after the two-day meeting through friday, the policymakers shared the view that personal spending remains steady as the jobs situation is improving. but they agreed that output and exports by manufacturers, one of the main drivers of the japanese economy, are relatively weak due to a slowdown in the chinese and other economies. they also concur tha
some carryover momentum from the u.s. later in the session. for now just dipping in the negative. we did have some data from long lasting goods in the u.s which disurge by almos 10% in september. right after the bell on thursday we had earnings from apple and although it posted a record profit with net profit up 24% from the same quarter last year, the results did fall short of some expectations. we did see apple shares trading lower. we're going to keep track of apple related shares. a lot of component makers in japan which go into a lot of products such as the iphone as well as the ipad range. >> also a lot of focus on the yen especially ahead of the boy meeting. where do we stand? >> reporter: let's have a look at the currencies and the bank of japan meeting next week. dollar/yen holding prey steady. euro/yen 1.2935. the strong overall yen has been a factor in weaker forecast but japane japanese co japanese corporations have seen the likes of nintendo. a lot of focus there on sales in china as well as the stronger yen. a lot of earnings coming up next week in autos and financials
>>> curfew order. all u.s. forces in japan face an unprecedented nighttime restriction after two navy sailors are accused of raping a woman in okinawa. welcome to nhk world "newsline." american military personnel in japan will be watching the clock for the foreseeable future. their commanders imposed a temporary curfew following a case of rape in okinawa involving two u.s. servicemen. the order applies to all of the nearly 40,000 american military personnel stationed across the country. nhk world reports. report. >> reporter: the commander of u.s. forces in japan made the announcement in tokyo. >> under u.s. paycom commander authority i am immediately issuing a curfew to all military personnel in japan both temporary and assigned. >> lieutenant general salvatore angelella says the curfew will be in place from 11:00 p.m. to 5:00 a.m. it will apply to all u.s. forces in japan, including those who come here for a short time. the decision follows the arrests earlier this week of two u.s. navy sailors. they are accused of raping a woman in okinawa. the pair is being held at the japane
monetary stus a stance the u.s. economy has continued to exndt a mere ce thfe announced its decision on wednesday after a o-yli mtif open market committee. it says household sndg s adnc a b me qck whe e hsi sector has shown some further signs of imoven toonnu stimulating the economy the fed says it ll ke i kntesrate at near zero at least through the middle of 20.e s. ctr bks supporting economic growth easi it introduced last month. that easing in the fm o ntuiura mortgage-backed securities is supping a huge amou of funds to the market. >>> and isimohen e markets. u.s. stock prices ended in the negative flowing a fedolicy meeting. and more lacklusterarng reports. the dow jones industrial average ended down .2% at 13,077. and t s h sck he paar openingh we go to ramin mlerdthe tokyo stock exchange. especially a japan kicked off with its enings season from this week as well. whatanouel? >>extl th'soing to be a big focus here. indeed, as if u.s. earnings weren't enough of a drag o ovalseimt, we're going to get a slew of corporate earnings from japan as well. and really that's kept invest
wearing a police uniform. in other news hurricane sandy is heading towards the u.s., where it's threatening to merge with another storm early next week. sandy is now known to have killed more than 30 people as it passed through the caribbean. it caused widespread damage in the bahamas, cuba, haight tee and jamaica. sandy's trajectory shows it moving toward the eastern coast of the united states. the threat from hurricane sandy has put both u.s. presidential candidates on high alert. mitt romney's already cancelled a rally scheduled for sunday evening in virginia beach. with only 11 days until polling day, both barack obama and mitt romney have been importanting over the latest economic data. figures show the u.s. economy grew 2% in the last three months. the white house says the economy is moving in the right direction. the republicans say the figures are discouraging news. our north american editor, mark, has been with mr. romney on the campaign trail. >> if it's friday it must be iowa and ohio. for hit romney this is a relentless race from state to state, stage to stage, squ
with another from canada, creating a potentially devastating hybrid that could ravage parts of the u.s. northeast early next week. president obama took a break from campaigning thursday to cast an early ballot in his hometown of chicago. speaking at the polling center, obama encouraged americans to take advantage of early voting. >> for all of you who have not yet voted early, i just want everybody to see what an incredibly efficient process this was, thanks to the outstanding folks who are at this particular polling place. obviously, folks in illinois and take advantage of this. but all across the country, we are seeing a lot of early voting. it means you do not have to figure out whether you need to taint time off work, figure out how to pick up the kids, and still cast your ballot if something happens on election day, you'll have already taken care of it. and as bad weather, w you will weather,et. or in chicago, snowy. this was really convenient. >> campaigning in ohio, mitt romney predicted to supporters his election would mean an increase in workers' take-home pay. >> the presiden
, buying majority control of the u.s. cell company. and with nearly one-in-three americans working contract or part-time jobs. we kick off a week-long look at how a nation of freelancers is changing our labor force. that and more tonight on "n.b.r."! a u-turn on wall street today. stocks rose, rebounding from sell-offs last week. good news about the american consumer put investors in a buying mood. the dow jumped 95 points, the nasdaq rose 20 and the s&p 500 up 11. retail sales rose more than 1% in september, which was better than expected. it follows an even bigger gain in august and its the best back- to-back showing since 2010. erika miller has a closer look at the data and what consumers were loading up on last month. >> reporter: it seems pretty unbelievable. but a single electronic devices appears to have powered the gain in u.s. retail sales last month. if you haven't guessed it, we're talking about the iphone 5. a remarkable five million of them were sold in their first weekend alone. and that appears to have boosted electronics sales by 4.5% in september. that was the biggest incre
. they say walker admitted to the accusation and browning denied he was involved. they are based at the u.s. naval air station ft. worth in texas. they say they were sent to the air base to transport supplies. investigators say the men were drinking before the attack. >> >> translator: this tramples on women's human rates and we will not tolerate this crime. >> since 1973 they are dealt with cases in which u.s. servicemen were arrested on charges of assaulting women. the rape in 1995 of a 12-year-old girl sparked mass protests. the government says they will launch protests with the u.s. and the japanese governments. >>> governor plans to visit the foreign and defense ministries and the u.s. embassy in tokyo. he says this is a serious and unforgivable matter and will urge u.s. officials to lead a thorough strengthening of discipline. they say japanese leaders will make their own interventions with u.s. officials. >> translator: this never should have happened. strengthening discipline and trying to prevent a recurrence are not enough. we need to think about more fundamental measures. >> gemb
chinese name. it also said the u.s. and japan crafted back room deals to give the japanese government administrative control over senkaku. it calls the alleged agreement illegal and invalid. the government-controlled "china daily" ran similar advertisements last week in "the new york times" and "the washington post." japanese officials launched a protest against the newspapers for printing the ads. the foreign minister koichiro gemba has indicated japanese authorities will increase their efforts to assert their position on the islands to the international community. >> something like information warfare is under way. we need to appeal to the international community even though the status of our country on the island does not change. >> gemba added the japanese government sees no dispute over their sovereignty. and the latest standoff at sea around the senkaku islands is over. four chinese patrol ships left japanese territorial waters. they entered the area earlier in the day and navigated there for several hours. japan coast guard crews spotted the marine surveillance vessels at midda
. assistant secretary of state kurt campbell, who arrived in japan on thursday, is in charge of u.s. policies on east asia. he said he met with china's vice foreign minister in the u.s. before leaving for japan. >> we talked about the importance of relations between china and japan are restored and improved, and that is in the best interests of not just the peoples but the countries and everyone in the asia-pacific, including the united states. >> campbell is scheduled to meet with japanese officials to discuss bilateral cooperation on situations in east asia. >>> we interviewed a prominent british analyst on how he sees japan/china relations at the moment. professor michael clarke is director general at the royal united services institute for defense and security studies. >> for european, we understand the issue, i think, of the islands. we understand the delicacy of the issue. but it is a problem that can be similar disputes all around the world, and they will flare up from time to time. the most important thing from tokyo's point of view is not to allow too many precedents to be set on eit
of a te telecommunications wh more than 19 millionsubscrers. >>> u.s. markets ended lower dragged down by lackluster earning reports. the dow jones extended its losing streak to four days. this is the lowest closing since september 11. we go to ramin who is at the tokyo stock exchange. what can you tell us? >> good morning. following the slight losses that we saw in new york we got to keep track of the tex sector following advance micro devices that cut its forecast. it fell nearly 9%. intel also fell. we're going to keep track of latest stocks here. let's have a look at the opening levels for the nikkei and the topix. 8,590 up for the nikkei. the negative playinghroughhe u.s. markets is still lingers in the background with the earnings and debt issues in the euro zone. we'll see if that comes back into play today. we're going to keep track of the share action for softbank today. we know that the shares of sprint an nextel jumped 14% o t news. that's going toake som big waves in the telecom and wireless. the flip side, if you will to the woes or the troubles that the exporters are expe
unbelievable. but a single electronic devices appears to have powered the gain in u.s. retail sales last month. if you haven't guessed it, we're talking about the iphone 5. a remarkable five million of them were sold in their first weekend alone. and that appears to have boosted electronics sales by 4.5% in september. that was the biggest increase since the iphone 4s came out in october of last year. but the gain in retail sales wasn't only because of iphone. >> if you do take iphone, we still would have had a fairly decent 0.7% gain in overall retail sales spending activity. that's a very significant pop. we haven't seen that kind of growth over the past six months or so. >> reporter: and sales did rise in every retail category except department stores. consumers may be feeling better about spending. thanks to higher stock prices and stabilizing home values. >> we've seen a nice improvement in the economy over the past three months and also seen a solid rebound in wage growth and that's given consumers more confidence and more discretionary spending power. >> reporter: but unemployment is sti
they will work and what they will do. we have to strictly maintain the japan-u.s. alliance. this will be a strong message for the military. >> reporter: japanese officials insist their relations with china are important. they've been calling on their neighbor to act calmly. officials say they hope to settle dispute peacefully based on international law. >>> achinese film production team has decided to withdraw its entry. the team wanted to protest the japanese's government nation nationalization of islands in the east china sea. the news agency reported on thursday that fung shui has been pulled. the film depicts a woman with struggles in the 1990s. they said the japanese government has not shown a sincere attitude regarding the settlement of the dispute. this has hurt the feelings of the chinese people. >>> the people responsible for foreign affairs in japan and britain have agreed to work together to respond to cyber attacks. japanese foreign minister met with his british counter part william hague in london. they agree their officials will cooperate in the event of online attacks. they promise
they're both potentially vulnerable. also, shocking video shows workers for a u.s. security contractor in afghanistan allegedly partying up, seemingly so drunk and drugged they could hardly speak. >>> plus, a reason to take the window seat. we have the amazing story of how airline passengers spotted and help save a man who had been stranded at sea for nine days. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer and you're in "the situation room." >>> monday's third and final presidential debate will be a serious challenge for both candidates. it's focused on international policy and arena where both mitt romney lacks experience and the obama administration is under growing criticism, especially when it comes to the situation in the middle east. let's start with cnn's white house correspondent dan loathian. i assume officials in the white house campaign they know the president has questions he's going to answer. >> reporter: that's correct, wolf. and there doesn't appear to be much of a difference between the two candidates when it comes to forei
there is a boom in u.s. oil production right now but you won't see a drop of relief at the pump. we'll tell you why the production spike is falling short. >>> fearless felix redefines awesomeness. his super sonic base jump just doesn't break records, it sent sponsor's red bull's brand into the stats to fear. this could be one of the great marketing coupes of all time. even when they say it's not, it is always about money. melissa: first let's take a look at the day's market headlines the bulls charging ahead to start off the week. improving retail sales in september and better-than-expected earnings from citigroup helped boost stocks. the dow closed up 95 points. not bad. meanwhile the nasdaq posted its first gain in seven sessions. shares of eli lilly lept more than 4%. the drugmaker says the late-stage study of its new stomach cancer drug improved patients chances of survival. >>> investors are punishing shares of bankrate after-hours the financial services company slashed its third quarter and full-year earnings outlook. >>> to our top story tonight according to new reports iran is planning
there as tensions between the two countries intensify. the u.s. government suing the nation's biggest mortgage lender. we'll take a look at how the global industry is faring. then it's off to paris. the stricken car maker is downgraded by moody's a day after demonstrators stage protests. we'll have details from the french capital. and we'll head to new york where there's an appetite for young, profits that is, up nearly a quarter from a year earlier. we'll take a look on a big day for earnings on wall street. and a big week that's coming up. joining us now onset, though, bob mckey. bob, you're here with us, chief economist from independent strategy. i guess let's just begin by talking a little bit about some of these headlines that we're hearing from the imf regarding financial stability. obvious, i guess, to sort of draw attention to this issue, but in your mind, is there still lingering risk out there from the lack of reform, i guess, in some areas of the industry? >> i think what the global stability report is showing -- it's the third report the imf brings out at this semiannual meeting. e
the point that the u.s. certainly looks better than everyone else. so, the key question is, can the u.s. avoid catching the world's cold? >> that's a literal statement. the u.s. looks better than other xhis in the world but it's not a great spot to be in. with the amount of policy and political uncertainty, the u.s. -- even the u.s. recovery staying strong is certainly not a sure thing. they'll be buffeted by headwinds from abroad because china and india are not doing well. even u.s. has a rocky road ahead. >> you go through nearly every region of the world and talk about all the negatives in every part of the world. is there going to be a global recession? can you put a percentage on it? what's your estimate? >> well, right now it's political and policy uncertainty that's really the big story in virtually every economy. central banks around the world have put a floor on risk, and that's what i think is helping financial markets stay afloat. if you look at the confidence indexes i look at in my overall index, that doesn't look good at all. consumers and businesses around the world seem
. >>> the commander of the u.s. pacific fleet says chinese naval vessels have the right to cruise in international waters, but admiral cecil haney says other nations have expectations. >> as we deal with maritime capability, it's not surprising to me china is an emerging nation who would have maritime capability. we hope what they do with their capability is transparent. >> haney also commented on the senkaku islands dispute. he said u.s. leaders take no position in terms of sovereignty claims. he added the u.s. government wants a peaceful resolution to the issue. >>> moves to boycott japanese products are spreading across china. the auto industry is taking the hardest hit. sales of japanese cars in china plunged in september. toyota saw its sales nearly halved compared to the same month last year. nhk world's akihiro ma coda reports. >> reporter: nissan motors unveiled their new precision car last month. especially for the chinese market. nissan is the top seller of japanese cars in china. the price for the 1600 cc roundabout starts from about $11,000, almost the same as chinese model. nissan kep
>>> hitting the battleground. >> hello, florida. u.s. president barack obama visits swing states and tries to win over voters who can make a difference. the u.s. president and the man that wants that job are back on the campaign trail after the last debate. barack obama and mitt romney are traveling through several states that could determine the election two weeks from now. they're both trying to do the same thing, win over undecided voters. president obama spoke to his supporters in florida, one of the key battleground states. he said romney had changed his stance on several issues monday during the debate on foreign policy. obama reused the term he coined for flip-flops, romnesia. >> there is no more serious issue in a presidential campaign than trust. the person who leads this country, you've got to have some confidence then he or she means what he or she says. >> romney spoke at a rally in henderson, nevada. he said obama is resorting to attacks in the absence of new ideas of his own. romney said he can stand criticisms for obama f two weeks. he says he can't stand four more
official refused to comment on the allegations. the u.s. defense secretary says he has no clear insight into kim jung-un after watching the leader. he is unsure if kim will carry on his father's approach or soften his stance toward other nations. panetta met with the south korean defense minister at the pentagon. they said north korea's nuclear program and ballistic missile development pose a threat to east asia. they say the u.s. and south korea will continue working together to keep the north in check. >> we have a strong military relationship between the united states and south korea, that we work closely with other countries in the region. to make very clear that -- our interest is in peace. not in any kind of provocative behavior. >> south korean and u.s. officials agreed this month to extend the range of ballistic missiles to 800 kilometers more than dublt current limit and would allow the missiles to reach any point in north korea. >>> japan coast guard officers are warning chinese government ships to leave japanese waters around island in the east china sea. japan nationalized t
. now residents belong a long and costly recovery process. >> the u.s. markets are set to reopen after being closed the last few days. the new york mass transit system is still shut down. >>> new sthats now expect profit growth to hit the slowest since lifting. >>> welcome to today's show. the good news is financial markets start trading again. >> well, good news or it depends on how they open. certainly there's people with pent up demand. >> i think whatever happens, the fact that we're back up and trading is a good thing. >> the interesting question is why. but why couldn't the new york stock exchange have gone with its electronic trading systems. will this serve as a catalyst to maybe pursue that route the next time with more confidence. >> it's a day of cleanup. >> yes, it is. millions of people in the northeastern u.s. will spend days or weeks to recover from sandy, which is being blamed for at least 46 deaths. at its peak, more than 8.5 million homes and businesses were without power. new york city and new jersey, especially the jersey shore, were the hardest hit. president obama
and the continental corporation of the u.s. was the last resource rich part of the ten per zone the european enlightenment with inland waterways flowing in a convenient east west fashion than the west the caressed combined and our ideas and dhaka sees but because of where we happen to live as well that's why these things matter. why these things matter. they've allowed india and china to develop into the completely distinct great worlds of civilization we have much to do with each other through long periods of history. >> let's take that image that you've offered of america, this place with all these great natural harbors and rivers that run the right way but that was true for thousands of years and didn't leave it to the development of what we think of as the united states. it wasn't until the european civilization a rise and began to make use of those harbors and rivers they were obvious so help us think about why it's the geography we spoke upon based to the cultural with the supposition one aspect. >> phyllis do ha and -- that was unable to cross across a land of the voyages of the devel
just a tad. the euro is trading to $1.2966. consolations between china and the u.s. have seen better days. the u.s. has released a report saying that americans have -- should not do business with communications companies. >> the report follows an 11- month investigation into two companies. >> legislators in washington fear foreign telecom companies could pose a threat to u.s. national securit. it says firms could use their business in the u.s. to install software to is by an ounce -- spy on u.s. infrastructure. they named two companies and they believe they should be wary of huawei and zte. the two companies deny the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the w
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